Egypt Issues New Incentives In Time Of COVID-19
Amid COVID-19 development in the country, Egypt has issued new incentives to boost economy, including property tax, stock exchange, stock transactions, export subsidy of EGP 1bn and power prices.
Egypt in Talks for New IMF Deal
Egypt is holding talks with the International Monetary Fund (IMF) over a non-financial structural reform program, which will be focusing on abolishing bureaucracy to lure more private investments
Saudi Alameriah Eyes EGP 15 bn Investments in New Alamein
Chairman of Saudi Masa Alameriah Group Bandar Alameri said his company will invest EGP 15 bn in New Alamein
Egypt Advances 6 Spots in WB’s Doing Business 2020
Egypt's ranking advanced six spots in the World Bank (WB) Group’s Doing Business 2020 report, thanks to the notable reforms being implemented for economic growth.
New Investor Service Center Opens in Port Said
Prime Minister Mostafa Madbouly opened on September 19 the Investor Service Center (ISC) in Port Said, endeavoring to eliminate the bottlenecks investors face when starting up new businesses.
PM Opens New Investor Service Center in Minya
Prime Minister Mostafa Madbouly inaugurated on September 7 the Investor Service Center (ISC) in Minya, endeavoring to eliminate the bottlenecks investors face when starting up new businesses.
Finance Ministry Denies Amendments to VAT, Income Tax Laws
Egypt's Ministry of Finance denied news circulated on any fundamental amendments made to the income tax and value-added tax (VAT) laws.
Lazard to Promote Egypt’s Investment Opportunities Worldwide
Ministry of Investment and International Cooperation has inked an agreement with financial advisory firm Lazard to promote investment opportunities in Egypt worldwide, on the sidelines of the World Economic Forum ...
GAFI Eyes Establishing 19 Free Zones Across Egypt
The General Authority for Investment and Free Zones (GAFI) is currently considering the establishment of 19 new free zones, in some governorates which will contribute towards boosting investor services in Egypt
No Disputes With China’s CSCEC Over NAC’s Towers Project: Housing Ministry
The Egyptian Housing Ministry has disclaimed news published on Al Shorouk newspaper concerning some disputes with the ministry and China State Construction Engineering (CSCE) over the New Administrative Capital's ...
